News about Hungary

Ukrainian Oschadbank has demanded that the Hungarian authorities return the collection vehicles and valuables that were illegally seized. The institution notes that further defense of the rights of Oschadbank of Ukraine in resolving the incident in Hungary will be focused in two directions. The Bank intends to appeal against the decision on restrictive measures regarding the stay in the EU, which were unreasonably imposed on the employees of the collection team by the migration service of Hungary. It will also take legal steps to recover the bank’s property.

Budapest and Belgrade have decided not to wait for the resumption of Druzhba and have moved on to the active phase of a joint energy project to build an oil pipeline to pump Russian oil bypassing Ukraine, Logos Press reported.

Hungary has decided not to stop exporting electricity to Ukraine despite recent threats and tensions in the energy sector over the termination of oil transit through the Druzhba pipeline, Logos Press reported.